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Sweden's Kinnevik picks Baillie Gifford's Anderson as new chairman

Reuters
·1-min read

STOCKHOLM (Reuters) - Swedish investment firm Kinnevik said on Friday it was proposing James Anderson as its new chairman, after Dame Amelia Fawcett said in November she would not be available for re-election.

Anderson, born in 1959, will retire from his position at asset manager Baillie Gifford, where he became partner in 1987, during the first half of 2022, Kinnevik said in a statement.

It added that it was also proposing Harald Mix, CEO of Altor Equity Partners, as new director of the board, while Henrik Poulsen and Wilhelm Klingspor would not stand for re-election.

Kinnevik's shareholders include Sweden's wealthy Stenbeck family.

(Reporting by Helena Soderpalm; editing by Niklas Pollard)